Month: September 2020

VICTORIA, British Columbia, Sept. 25, 2020 (GLOBE NEWSWIRE) — Vigil Health Solutions Inc. (“Vigil” or the “Company”) (TSX-VEN: VGL) announced today that the TSX Venture Exchange (the “Exchange”) has accepted a notice of intention to make a normal course issuer bid (the “Bid”). Pursuant to the notice accepted by the Exchange, the Company may, during the period commencing September 30, 2020 and ending September 29, 2021, purchase for cancellation, through the facilities of the Exchange and alternative Canadian trading systems, at the market price of the Company’s common shares (“Common Shares”) at the time of purchase, up to 900,000 Common Shares representing 4.95% of the Company’s issued and outstanding Common Shares. In accordance with the policies of the Exchange, a purchase of Common Shares under the Bid may not, when aggregated...

CELEBRATION, Fla., Sept. 25, 2020 (GLOBE NEWSWIRE) — KemPharm, Inc. (KemPharm, or the Company) (OTCQB: KMPH), a specialty pharmaceutical company engaged in the discovery and development of proprietary prodrugs, today filed a preliminary proxy statement on Schedule 14A (the Preliminary Proxy Statement) with the U.S. Securities and Exchange Commission (SEC) to hold a special meeting of stockholders to authorize a potential reverse stock split of the Company’s common stock (the Special Meeting). If authorized, and subsequently if the Company’s Board of Directors determines that business conditions warrant making it effective, this reverse stock split would potentially reduce the number of common shares outstanding and thereby increase the bid price of KemPharm’s common stock to a level which would potentially allow the Company to meet...

VANCOUVER, British Columbia, Sept. 25, 2020 (GLOBE NEWSWIRE) — Candelaria Mining Corp. (TSXV:CAND, OTC PINK:CDELF) (the “Company”) announces it has closed the previously announced shares for debt transaction and issued 2,175,030 common shares of the Company in settlement of $1,087,515 of indebtedness. The common shares issued pursuant to the debt settlement are subject to a four month hold period expiring on January 26, 2021.About Candelaria MiningCandelaria Mining is a Canadian-based gold development and exploration company with a portfolio of highly prospective projects in Mexico, one of the world’s best mining jurisdictions. Candelaria’s 100% owned Caballo Blanco Project hosts an Indicated Resource of 521,000 ounces of gold and 2,170,000 ounces of silver (31,220,000 tonnes grading 0.52 g/t gold and 2.16 g/t silver) and an Inferred...

FREEHOLD, NJ, Sept. 25, 2020 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced that it will host its Third Quarter 2020 Financial Results Webcast and Conference Call. Senior management will discuss the results, current market conditions and future outlook on Thursday, November 5, 2020, at 10:00 a.m. Eastern Time.UMH’s Third Quarter 2020 results will be released on Wednesday, November 4, 2020, after the close of trading on the New York Stock Exchange, and will be available on the Company’s website at www.umh.reit, in the “Financial Information & Filings” section.To participate in the webcast, select the microphone icon found on the homepage www.umh.reit. Interested parties can also participate via conference call by calling toll...

VANCOUVER, British Columbia, Sept. 25, 2020 (GLOBE NEWSWIRE) — Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces that it continues to rely on the temporary blanket relief for market participants from certain regulatory filings as a result of COVID-19, pursuant to BC Instrument 51-517 – Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the Period from June 2 to August 31, 2020. This blanket relief provides the Company with a 45-day extension to file its financial statements and management’s discussion and analysis for the period ended June 30, 2020 (the “Q2 Filings”). Patagonia expects to file the Q2 Filings on or before October 15, 2020.The Company confirms that, other than entering into the definitive option agreement to acquire the Mina Angela Property (as disclosed...

BOGOTÁ, Colombia, Sept. 25, 2020 (GLOBE NEWSWIRE) — Medcolcanna Organics Inc. (“Medcolcanna”, “MCCN” or the “Company”) (TSXV: MCCN), a Canadian integrated medical cannabis company with operations in Colombia, is pleased to announce that it has received final approval to have the common shares of the Company (“Common Shares”) listed on Neo Exchange Inc. (the “NEO Exchange”). Consequently, the Company has also submitted a request to the TSX Venture Exchange (the “TSXV”) to voluntarily delist the Common Shares from the TSXV. The Company anticipates the delisting of the Common Shares from the TSXV and the subsequent listing of the Common Shares on the NEO Exchange to occur on or about the week of October 12th, 2020, subject to satisfaction of customary conditions by the NEO Exchange and the TSXV. Company Management is excited with the...

MONTREAL, Sept. 25, 2020 (GLOBE NEWSWIRE) — Canadian Metals Inc. (“CME” or the “Corporation”) (CSE: CME) is pleased to announce that it will conduct a non-private placement (the “Private Placement”), pursuant to which it will issue up to an aggregate of 5,000,000 units (each, a “Unit”) at a price of $0.08 per Unit for gross proceeds of up to $400,000.Each Unit will be comprised of one common share in the capital of the Corporation (each, a “Share”) and one non-transferable share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder to purchase one additional Share in the capital of the Corporation (each, a “Warrant Share”) for a period of 24 months from the closing date at an exercise price of $0.15. Insiders may participate in the Private Placement.All securities issued in respect of the Private Placement will...

HANGZHOU, China, Sept. 25, 2020 (GLOBE NEWSWIRE) — Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a leading application-specific integrated circuit (“ASIC”) chip design company and a leading manufacturer of high-performance Bitcoin mining machines, today announced its unaudited financial results for the first six months of fiscal year 2020.Operational and Financial Highlights for the First Six Months of Fiscal Year 2020Total computing power sold in the first six months of 2020 was 0.25 million Thash/s, representing a year-over-year decrease of 86.02% from 1.82 million Thash/s in the same period of 2019.Total net revenues in the first six months of 2020 were US$11.04 million, representing a 50.60% year-over-year decrease from US$22.35 million in the same period of 2019.Gross loss in the first six...

ENGLEWOOD CLIFFS, N.J., Sept. 25, 2020 (GLOBE NEWSWIRE) — Asta Funding, Inc. (NASDAQ: ASFI) (“Asta” or the “Company”) announced that at a virtual special meeting of stockholders held earlier today, the Company’s stockholders voted to adopt the merger agreement pursuant to which the Company would become a wholly-owned subsidiary of Asta Finance Acquisition Inc. (the “Merger”). The transaction was previously announced on April 8, 2020.Approximately six million shares voted at the special meeting were voted in favor of the proposal to adopt the merger agreement, representing over 91% of the outstanding shares of Asta’s common stock entitled to vote at the special meeting. Such approval also represented the approval of the Merger by an affirmative vote of the majority of the minority stockholders, which includes stockholders other than...

CHICAGO, Sept. 25, 2020 (GLOBE NEWSWIRE) — Please replace the release (dated September 1, 2020) with the following updated version to incorporate the description of Mr. Noyes’s inducement grant.Potbelly Corporation (NASDAQ: PBPB), the iconic neighborhood sandwich shop, announced on September 1, 2020 the appointment of Adam Noyes as the Company’s Chief Operations Officer (“COO”) effective as of August 28, 2020. The new COO position will assume the responsibilities of the Company’s prior Chief Restaurant Operations Officer (“CROO”) position, which will be vacated on September 4, 2020. In this leadership position, Mr. Noyes will focus on staffing, training and developing Potbelly’s most important resource – its people. His emphasis will be delivering overall customer experiences that bring people back again and again. He will concentrate...